Lower realised prices and impacts related to the Covid-19 pandemic has seen oil and gas major Woodside report a significant fall in revenue during the three months to March.
While production was up by 12% on the previous corresponding period, to 24.2-million barrels of oil equivalent, revenue for the quarter fell from $1.44-billion to $1.11-billion on the back of a 20% decline in reaslied pricing from the first quarter of 2019.